Research Analysts Offer Predictions for Universal Display Co.’s FY2025 Earnings (NASDAQ:OLED)

Universal Display Co. (NASDAQ:OLEDFree Report) – Zacks Research dropped their FY2025 earnings per share estimates for shares of Universal Display in a research report issued to clients and investors on Thursday, May 23rd. Zacks Research analyst R. Department now forecasts that the semiconductor company will post earnings per share of $5.25 for the year, down from their previous estimate of $5.36. The consensus estimate for Universal Display’s current full-year earnings is $4.76 per share.

A number of other brokerages have also recently weighed in on OLED. TD Cowen boosted their price objective on Universal Display from $165.00 to $210.00 and gave the company an “outperform” rating in a research note on Friday, February 23rd. Oppenheimer reissued an “outperform” rating and issued a $200.00 target price (down previously from $210.00) on shares of Universal Display in a report on Friday, February 23rd. Finally, Needham & Company LLC reissued a “buy” rating and issued a $198.00 target price on shares of Universal Display in a report on Friday, May 3rd. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $199.86.

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Universal Display Trading Up 1.3 %

Shares of NASDAQ OLED opened at $176.59 on Monday. Universal Display has a twelve month low of $133.67 and a twelve month high of $194.84. The stock has a 50 day moving average of $165.02 and a two-hundred day moving average of $171.96. The stock has a market cap of $8.38 billion, a P/E ratio of 38.39, a P/E/G ratio of 1.91 and a beta of 1.44.

Universal Display (NASDAQ:OLEDGet Free Report) last posted its earnings results on Thursday, May 2nd. The semiconductor company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.14. The firm had revenue of $165.26 million during the quarter, compared to analysts’ expectations of $150.75 million. Universal Display had a return on equity of 15.57% and a net margin of 36.00%. The firm’s revenue was up 26.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.83 earnings per share.

Institutional Trading of Universal Display

A number of institutional investors have recently bought and sold shares of OLED. California Public Employees Retirement System boosted its position in Universal Display by 1.3% during the third quarter. California Public Employees Retirement System now owns 84,170 shares of the semiconductor company’s stock worth $13,214,000 after purchasing an additional 1,044 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of Universal Display by 46.4% in the third quarter. Private Advisor Group LLC now owns 3,892 shares of the semiconductor company’s stock valued at $611,000 after acquiring an additional 1,233 shares in the last quarter. Signaturefd LLC lifted its position in shares of Universal Display by 293.8% in the third quarter. Signaturefd LLC now owns 1,390 shares of the semiconductor company’s stock valued at $218,000 after acquiring an additional 1,037 shares in the last quarter. Ieq Capital LLC purchased a new stake in shares of Universal Display in the third quarter valued at $205,000. Finally, Victory Capital Management Inc. lifted its position in shares of Universal Display by 4.5% in the third quarter. Victory Capital Management Inc. now owns 7,771 shares of the semiconductor company’s stock valued at $1,220,000 after acquiring an additional 337 shares in the last quarter. 78.19% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Julia J. Brown sold 10,358 shares of the company’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $175.00, for a total transaction of $1,812,650.00. Following the transaction, the executive vice president now owns 56,624 shares of the company’s stock, valued at $9,909,200. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Universal Display news, EVP Julia J. Brown sold 10,358 shares of the business’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $175.00, for a total transaction of $1,812,650.00. Following the sale, the executive vice president now directly owns 56,624 shares in the company, valued at $9,909,200. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Mauro Premutico sold 8,202 shares of the business’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $176.82, for a total value of $1,450,277.64. Following the sale, the senior vice president now owns 28,743 shares in the company, valued at $5,082,337.26. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by corporate insiders.

Universal Display Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date is Friday, June 14th. Universal Display’s dividend payout ratio is presently 34.78%.

Universal Display Company Profile

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Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications in the United States and internationally. The company offers PHOLED technologies and materials for displays and lighting products under the UniversalPHOLED brand.

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Earnings History and Estimates for Universal Display (NASDAQ:OLED)

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